Bankruptcy (Noun)
Meaning 1
Inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks".
Classification
Nouns denoting natural processes.
Synonyms
Related Words
Meaning 2
A state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy".
Classification
Nouns denoting natural processes.
Meaning 3
A legal process intended to insure equality among the creditors of a corporation declared to be insolvent.
Classification
Nouns denoting acts or actions.